Union Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Union Insurance has a total shareholder equity of BDT895.5M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.6B and BDT659.3M respectively. Union Insurance's EBIT is BDT195.9M making its interest coverage ratio 469.2. It has cash and short-term investments of BDT129.8M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 469.2x |
| Cash | ৳129.80m |
| Equity | ৳895.50m |
| Total liabilities | ৳659.25m |
| Total assets | ৳1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIONINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT659.3M).
Long Term Liabilities: UNIONINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UNIONINS is debt free.
Reducing Debt: UNIONINS has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
Debt Coverage: UNIONINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIONINS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:15 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Union Insurance Co. Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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